In a significant show of confidence, BlackRock, the world’s largest asset management firm, has emerged as the biggest investor in the Adani Group’s $750 million private bond issuance, taking on approximately one-third of the allocation. The investment, made through a private placement with a 3–5 year tenure, marks BlackRock’s debut in India's infrastructure-focused private bond space. Sources with direct knowledge revealed that BlackRock’s participation in th

In a heartfelt act of friendship, remembrance, and community service, a New Jersey Girl Scout has created a nature trail dedicated to the memory of her late friend. Joellie Giquinto of Medford Lakes recently unveiled “Marketa’s Trail,” a peaceful, mile-long path winding through the wooded areas of her hometown. The trail is named in honor of Marketa McCabe, a close friend who passed away at the age of 20, four years ago. The project, rooted in love and resilience, has earned Jo

In a significant financial setback for India’s wealthiest individuals, seven prominent billionaires, including Mukesh Ambani, Gautam Adani, Shiv Nadar, Azim Premji, Shapoor Mistry, and others, have collectively lost a staggering $34 billion in 2025 following a sharp stock market selloff. According to the Bloomberg Billionaire Index, this loss comes amid growing volatility in global financial markets.   Gautam Adani: The Biggest Loser Ga

In a major boost to Andhra Pradesh's renewable energy sector, Tata Power Renewable Energy Limited has committed to investing ₹49,000 crores in the state. This substantial investment is part of Andhra Pradesh’s ongoing efforts to attract large-scale investments under the leadership of Chief Minister N. Chandrababu Naidu. The agreement was officially signed on Friday in the presence of Nara Lokesh, the national general secretary of the Telugu Desam Party (TDP) and the Minister for I

The initial public offering market has entered a phase of stagnation, with no major IPOs launched in the past three weeks. The last significant IPO was Quality Power, which opened for subscription on February 14, 2025. Since then, the primary market has seen a lull, raising concerns about investor sentiment and market conditions.Despite speculation surrounding Tata Capital’s anticipated $11 billion IPO, which is expected to be one of the largest listings of the year, the overall slowdow

The Bharatiya Janata Party (BJP) is in the final stages of electing its new national president, with the decision expected to be announced by March 15, 2025. The position became vacant after JP Nadda was elevated to a Union ministerial role, prompting a keenly contested leadership race within the party. The BJP’s national leadership is working towards selecting a strong candidate capable of guiding the party through the next five years, as it prepares for crucial state and national elec

Washington: Errol Musk, the father of billionaire entrepreneur Elon Musk, has raised doubts about his son's potential political career, citing concerns over his ability to connect with people at all levels. In a candid interview with Al Arabiya News, Errol expressed skepticism about Elon’s suitability for politics, emphasizing that his son is more accustomed to working with elite professionals than engaging with the general public.   E

The Texas A&M University System Board of Regents is expected to make a pivotal decision regarding the next chancellor to lead its vast network of 11 universities and eight state agencies. The board, which is meeting in Houston, could vote on a sole finalist for the position, initiating a mandatory 21-day waiting period before finalizing the appointment. According to sources familiar with the search process, the board has identified five candidates for c

The Group 2 exam issue in Andhra Pradesh has now become a major talking point following a series of controversies that trace back to errors in the 2023 notification issued by the Jagan government. What began as a pre-election announcement of 899 Group 2 posts soon turned into a heated debate when job aspirants discovered that the roster points were marked incorrectly. Critics claim that the notification was released not with the intent to create employment opportunities but rather as a strate

A closed-door meeting took place in Davangere, Karnataka, attended by several prominent Scheduled Castes and Scheduled Tribes leaders, including key ministers such as G Parameshwara, Satish Jarkiholi, HC Mahadevappa, K Rajanna, and Yathindra Siddaramaiah, son of Chief Minister Siddaramaiah. The gathering took place during the Maharshi Valmiki Jatra Mahotsava at Valmiki Matha in Rajanahalli, Harihar. Speculation about the meeting being linked to a potential change in the Karnataka Pradesh Cong

Shantanu Naidu, a key figure at Tata Motors, has been promoted to General Manager, Head of Strategic Initiatives, after spending over six years at Tata Sons. Reflecting on his journey, Naidu recalls his nostalgic childhood memories, where he would wait for his father, a Tata Motors employee, to return home. This promotion marks a significant milestone in his career with the company that he now leads in strategic initiatives.   Naidu’s connection with the legendary

In a dramatic conclusion to the 2025 Tata Steel Masters, R Praggnanandhaa emerged victorious after a tense tiebreaker against fellow Indian player D Gukesh. Both players finished the 13th and final round tied at the top with 8.5 points each, despite suffering surprising losses in the final round—Gukesh lost to Arjun Erigaisi, and Praggnanandhaa fell to Vincent Keymer. This set the stage for an exc

Janet Petro has been appointed as the acting administrator of NASA, making history as the first woman to hold the position since the agency’s founding in 1958. This appointment comes after President Donald Trump took office, with Petro replacing Bill Nelson, the 14th NASA administrator. In her new role, Petro is responsible for overseeing NASA’s budget, programs, and operations until the U.S. Senate confirms a new administrator. Notably, Trump had nominated entrepreneur

Rishabh Pant Appointed Captain of LSG for IPL 2025 Indian cricket team wicket-keeper Rishabh Pant has been named the captain of Lucknow Super Giants (LSG) for the upcoming IPL 2025 season. Pant, who was previously the captain of Delhi Capitals (DC), was bought by LSG for a record-breaking Rs 27 crore in the IPL 2025 auction. The decision came after a bidding war between LSG and DC, with LSG winning the deal. Pant’s IPL Journey and Record Auction

Rohit Sharma’s future in Test cricket has come under scrutiny after the Indian opener was left out of the fifth Test against Australia in Sydney. Officially, Rohit "opted to rest" from the game, but this decision has raised questions about his long-term role in the format. Sunil Gavaskar, one of India's cricketing legends, speculated that this might signal the end of Rohit's Test career, suggesting that the selection committee may look to younger players who can lead t

Rohit Sharma's future in India's Test cricket setup has become uncertain following the ongoing Border-Gavaskar Trophy against Australia. Amidst poor batting performances and leadership criticism after India's loss to New Zealand, reports suggest that Rohit may not be part of India's Test plans beyond this series. Although his retirement is not imminent, the chances of his continuation in the format remain unclear. With Rohit possibly on the brink of his final Test ap

In a significant legal development, the Bombay High Court has upheld the Maharashtra government's decision to award the Dharavi slum redevelopment project to the Adani Group, dismissing a challenge filed by UAE-based Seclink Technologies. The court ruled that there was no evidence of "arbitrariness, unreasonableness, or perversity" in the state government's decision-making process. Seclink Technologies had alleged that the tender conditions were specifically designed to favo

Om Prakash Chautala, a five-time Chief Minister of Haryana and a prominent figure in Indian politics, has passed away at 89 following a cardiac arrest at his residence in Gurgaon. Born on January 1, 1935, in Sirsa, Haryana, Chautala’s political career spanned several decades. He first became Chief Minister in 1989, but his tenure was marked by short stints due to political instability. His third term in 1991 was also brief, as President's rule was imposed within two weeks. However,

Tata Consumer Products Ltd (TCPL) has officially rejected recent reports claiming that Starbucks is planning to exit the Indian market, calling the rumors "baseless." These reports suggested that the American coffee giant might leave India due to high operating costs, mounting losses, and the growing competition from local, cheaper alternatives. However, TCPL, which operates Starbucks in India

The Indian rupee opened at 84.83 against the US dollar on Monday, a depreciation of 4 paise compared to the previous close of 84.79. The decline in the rupee is largely attributed to the uncertainty following the announcement of a leadership transition at the Reserve Bank of India (RBI). Shaktikanta Das will be succeeded by Sanjay Malhotra, sparking initial concerns in the market. However, markets quickly adjusted to the news, with experts noting that the RBI is closely monitoring banking sys